Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Geer Turlock, CA 95382

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,700,000

    4,255 SF commercial building with long-term NNN lease.

    Type:Commercial
    Added:
    Aug 19, 2025
    Days on Market:
    246
    Last Refresh:
    Apr 5 at 8:37 pm

    Property Features for Geer

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1981

    We can help!

    Listing Contact
    WILBERT AMADOR

    Listing agent WILBERT AMADOR

    Listing office CENTURY 21 SELECT REAL ESTATE

    Listing date Aug 19, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 SELECT REAL ESTATE

    Overview

    Turlock Commercial Building For Sale

    The property is a 4,255 square foot commercial building situated on a 35,309 square foot lot within the city limits of Turlock, California. The current tenant is Citibank, operating under an attractive NNN lease with nearly 14 years remaining on the current contract. This Citibank branch has a history of high annual deposits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Turlock
    County
    Stanislaus
    State
    California
    Longitude
    -120.849
    Latitude
    37.4991

    Nearby Similar for Sale

    • $815,000

      Turnkey Multi-Unit Investment Property

      Four updated units on a large lot near downtown Turlock.
      312 West Main Street, Turlock, CA 95380
      View Details
    • $815,000
      2 SF

      Updated Victorian Quadruplex in Turlock

      Four updated units on a spacious lot near downtown Turlock.
      312 W Main, Turlock, CA 95380
      View Details
    • $865,000
      4,750 SF

      Downtown Mixed-Use Property For Sale

      Mixed-use property with retail and warehouse space in downtown.
      226 N 1st Street, Turlock, CA 95380
      View Details
    • $1,700,000

      Agricultural Land with Farmhouse in Turlock

      Large agricultural parcel with updated farmhouse near Turlock and HWY 99.
      2500 W Barnhart Rd, Turlock, CA 95382
      View Details
    • $875,000
      4,976 SF

      Turlock Auto Repair Property

      Auto repair property in Turlock's high-traffic Commercial Thoroughfare District.
      210 South Center Street, Turlock, CA 95380
      View Details
    • $5,855,000
      5,000 SF

      Turlock Restaurant For Sale

      Freestanding restaurant building available for purchase in Turlock, California.
      2630 W Tuolumne Rd, Turlock, CA 95380
      View Details
    • $1,300,000
      4,067 SF

      Residential Quadplex with Private Yards

      Four separate buildings, each with a private rear yard.
      1036 N Olive Ave, Turlock, CA 95380
      View Details
    • $1,500,000
      6,558 SF

      Former Medical Office Building

      6,558 SF medical office near Emanuel Hospital.
      800 Delbon Ave, Turlock, CA
      View Details
    • $1,599,950
      5,850 SF

      Mixed-Use Retail Property For Sale

      Mixed-use property with 5.10% CAP rate and 5,850 SqFt.
      220 E Main St, Turlock, CA 95380
      View Details
    • $539,000
      2,148 SF

      Turlock Duplex Investment Opportunity

      Well-maintained duplex in East Turlock with strong rental potential.
      277 - 279 Bothun Road, Turlock, CA 95380
      View Details
    • Contact for pricing
      66,879 SF

      Medical Outpatient Building in Turlock

      Multi-tenant medical building near Emanuel Medical Center.
      1801 Colorado Ave, Turlock, CA 95382
      View Details
    • $2,750,000

      Turlock Warehouses and Office Building

      Warehouses and office building with highway frontage in Turlock.
      Early Dawn, Turlock, CA 95380
      View Details

    FAQs

    What type of property is this?
    Bank - 4,255 SF commercial building with long-term NNN lease.
    Where is this bank located?
    The property is located at Geer Turlock, CA.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: Long‑term NNN lease with nearly 14 years remaining; Current tenant is Citibank; High annual deposits history for the Citibank branch
    6676111
    We can help!
    Listing Contact
    WILBERT AMADOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!